Firstsource Solutions Ltd

532809

Summary

Fair Value Assessment
Undervalued (6% Discount)
Fair ValueQ324.28UncertaintyHigh
Close Price302.95Mar 13, 2025
Market Closed
302.95
Price Down by 3.75 | 1.22 %
Previous Close
302.95
Day Range
292.35 – 308.65
Year Range
176.70 – 422.80
Bid / Ask
Market Cap
208.8 Bil
Volume / Average
168.3 k / 166.3 k
Beta (5-Year)
1.48
Shares Outstanding
689.38 Mil
Primary Exchange
Bombay Stock Exchange

Business Description
Firstsource Solutions Ltd is engaged in the business of providing customer management services like contact centers, transaction processing, and debt collection services. The company's business segment includes Banking and Financial Services, Healthcare, Communication, Media and Technology, and Diverse Industries. It generates maximum revenue from the Banking and Financial Services segment. Geographically, it derives a majority of its revenue from the United States of America.
Contact
Mindspace, Link Road 5th Floor, Paradigm ‘B’ Wing, Mumbai, MH 400 064
T +91 2266660888
www.firstsource.com opens in a new tab
Sector
Technology
Industry
Information Technology Services
Most Recent Earnings
Dec 31, 2024
Fiscal Year End
Mar 31, 2025
Employees
19,202

Key Metrics

Income Statement (in Bil, except ratios)
12/31/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Revenue
74.74 63.33 59.86 58.66 50.33 40.50
Revenue Growth %
20.16% 5.79% 2.05% 16.55% 24.26% 6.96%
Gross Profit
28.93 25.43 22.44 20.50 16.42 13.47
Gross Profit Margin %
38.71% 40.16% 37.50% 34.95% 32.63% 33.25%
Operating Income
8.60 7.34 5.95 7.33 6.33 4.68
Operating Margin %
11.50% 11.60% 9.93% 12.50% 12.57% 11.57%
EBIT
8.29 7.32 6.93 7.11 4.83 4.51
EBIT Margin %
11.09% 11.56% 11.58% 12.11% 9.60% 11.15%
EBITDA
11.33 9.92 9.56 9.60 6.90 6.37
EBITDA Margin %
15.16% 15.67% 15.98% 16.37% 13.70% 15.72%
Net Income
5.67 5.15 5.14 5.37 3.62 3.40
Net Profit Margin %
7.59% 8.13% 8.58% 9.15% 7.19% 8.39%
Basic EPS
8.24 7.52 7.55 7.90 5.31 4.90
Diluted EPS
8.06 7.34 7.32 7.62 5.13 4.89
Normalized EPS
8.27 7.02 6.24 7.79 6.06 5.07
Total Dividends per Share
3.50 3.50 3.50 3.50 3.00 4.50
Balance Sheet (in Bil, except ratios)
09/30/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Total Assets
73.99 60.83 56.64 57.09 48.30 45.87
Total Liabilities
35.00 23.82 22.97 26.75 20.30 18.21
Total Debt
22.52 15.33 13.93 17.84 11.94 13.56
Total Equity
38.99 37.01 33.67 30.33 28.00 27.66
Cash And Cash Equivalents
2.02 0.69 1.65 0.70 1.22 1.76
Working Capital
-2.49 -1.03 -1.51 -1.14 -1.70 -2.27
Shares Outstanding (Bil)
0.68 0.68 0.70 0.69
Book Value Per Share
53.13 48.45 43.85 39.81 39.68
Total Debt To Equity
0.58 0.41 0.41 0.59 0.43 0.49
Cash Flow Statement (in Bil, except ratios)
09/30/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Cash From Operating Activities
7.10 6.45 7.95 7.04 9.76 4.10
Cash From Investing Activities
-5.84 -0.58 0.16 -5.95 -3.50 0.14
Cash From Financing Activities
-0.11 -5.64 -7.43 -1.58 -6.89 -2.77
Capital Expenditures
0.85 0.54 0.85 1.73 1.13
Free Cash Flow
6.99 5.86 7.49 4.61 3.74
Change in Cash
1.16 0.23 0.68 -0.49 -0.63 1.48

Profile

Name (Age)
5-Year Trend
2021
2022
2023
2024
2025
Ritesh Idnani (—) Director, Managing Director and Chief Executive Officer
Total Compensation for all Key Executives
Transaction History

Shares in Thousands
0 5 10 15 20 25 30 35 40
>
No Data Available
There is no available information for this investment.
Sep
2023
    • Buy
    • Acquisition
    • Option Exercise
    • Disposition
    • Sell
Transaction Detail
No Data Available
There is no available information for this investment.

Ownership

Name
% Total
Shares Held
% Total
Assets
Trend
Prev. 8 Qtrs
Change Amount
Change %
Date
HDFC Small Cap Gr 7.96 6.75 54,866,841
-400,000
0.72%
Feb 28, 2025
Tata Digital India Reg Gr Not Rated 1.47 3.16 10,123,112
Feb 28, 2025
SBI Technology Opportunities Reg IDCW-P Not Rated 1.11 6.23 7,645,887
Feb 28, 2025
SBI Innovative Opportunities Dir Gr Not Rated 0.99 3.43 6,849,649
Feb 28, 2025
SBI Life-Midcap Fund Not Rated 0.70 0.47 4,794,881
479,005
11.10%
Jan 31, 2025
Total (for Top 5) 12.23 84,280,370
79,005

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